2022
Exports
$979MWorld Rnk 54 / 176
Flag Rnk 2 / 877
falsefalse United States
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$1.59MWorld Rnk 113 / 178
Flag Rnk 437 / 1109
2022
ECONOMIC COMPLEXITY of Nicaragua
-0.97Rnk 110 / 133

About

Exports In 2022, Nicaragua exported $979M in Gold, making it the 54th largest exporter of Gold in the world. At the same year, Gold was the 2nd most exported product in Nicaragua. The main destination of Gold exports from Nicaragua are: United States ($916M), Switzerland ($59.6M), and United Arab Emirates ($2.91M).

The fastest growing export markets for Gold of Nicaragua between 2021 and 2022 were United States ($19.4M) and Switzerland ($8.36M).

Imports In 2022, Nicaragua imported $1.59M in Gold, becoming the 113th largest importer of Gold in the world. At the same year, Gold was the 437th most imported product in Nicaragua. Nicaragua imports Gold primarily from: Panama ($1.31M), Italy ($275k), and United States ($3.8k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$979M
IMPORTS (2022)$1.59M
NET TRADE (2022)$977M

In 2022, Nicaragua exported $979M in Gold. The main destinations of Nicaragua exports on Gold were United States ($916M), Switzerland ($59.6M), and United Arab Emirates ($2.91M).

In 2022, Nicaragua imported $1.59M in Gold, mainly from Panama ($1.31M), Italy ($275k), and United States ($3.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Nicaragua WERE (2021 - 2022):
United States$19.4M (2.16%)
Switzerland$8.36M (16.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Nicaragua WERE (2021 - 2022):
United Arab Emirates-$36.1M (-92.5%)
Austria-$3.62M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nicaragua's main exporting competitors in Gold were:
In 2022, Nicaragua's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $56.5M
TOP IMPORT POTENTIALItaly+ $155k

Gold’s highest export potential is Switzerland. With an export gap of $56.5M.   Gold’s highest import potential is Italy with an import gap of $155k.

See methodology.

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